Applied Blockchain Inc (APLD)

[falon]

Where will APLD be in 4 Years?

Hard to say however they hit the ground running hard and fast to help fill the ever growing need for mining/hosting services created by China no longer allow anymore services there and has turned off many.

Here is some interesting information on a block chain infrastructure company started just 4 years ago:

Core Scientific, which started in Seattle but moved HQ to Austin, to go public at a $4.3B valuation


The blockchain infrastructure company announced that it will merge with a SPAC called Power & Digital Infrastructure Acquisition Corp., and go public on the NASDAQ at a $4.3 billion valuation.

Founded in 2017, Core Scientific builds infrastructure technology for bitcoin and other blockchain-related technology. It bills itself as the largest digital asset miner in North America. Revenue is projected at $493 million for 2021 and $1.1 billion for 2022. The company has around 100 employees and has raised $115 million to date, according to PitchBook. It runs 100% net carbon neutral operations.

Power & Digital Infrastructure Acquisition Corp., listed on NASDAQ under the ticker XPDI, is supported by global asset manager BlackRock. The combined company will be led by Levitt and is expected to generate $300 million in net cash proceeds to fund mining equipment purchases and infrastructure. The merger is expected to be completed in the fourth quarter.

Who will help APLD grow GRow GROW?


Some former Core Scientific employees now with APLD:

Nick Phillips, former Chief Operational Officer 2017-2018

Ted Mcleod, Managed the build outs of sites on-site, leading procurement and vendor management 2017-2019

Also we have two Hut 8 former employees Etienne Synman and Roland Davidson.


APLD 2021 market cap 14,564,254

APLD 2025 market cap PRICELESS